Category: New Zealand Real Estate

Insatiable demand from investors and homebuyers has prompted the development of numerous new homes in Christchurch. The city has issued building consents for as many as 2800 new projects hitherto, in the last 12 months. The Christchurch housing market now reflects a 12% year-on-year growth in 2020-21, in this regard. What’s fueling the grow...

Christchurch has always been touted as one of the most affordable housing markets in NZ. But, that is definitely changing, as the region has tasted its fair share of million-dollar-plus residential asset sales in this financial year.  Like everywhere else in NZ, the median house price in the Christchurch housing market has jumped reaching a median...

The Auckland Housing market has baffled pundits and consumers alike by rising 28.7%, against all expectations and forecasts. This spelled a national median of $820,000 by June, according to institutional real estate news agencies. At least five out of sixteen regions in NZ have hit new median prices for housing; one region held on to the same media...

In any market, it is difficult to offload a commodity that is in bad shape. That applies even more to real estate deals. Generally, when we mention ‘property’ and ‘bad condition’, we can consider multiple shortcomings with the asset by a thumb rule, which makes it further difficult to offload properties in bad condition. Therefore, for sell...

Expert industry study of the Auckland housing market numbers in early May has led to pundits concluding a decrease in buyer interest. The Auckland housing market performed magnificently in the first 6 months of the calendar year. But, an 11% decrease in buyer demands for property valuations has been noted in early May, compared to the past 6 months...

The new year came bearing great beginnings for property owners in New Zealand, with a noticeable uptick in capital values. As per latest industry research reports, the property owners of Herne Bay occupy the top of the pyramid with a median value of $2,681,650. Kawerau also boasts of the highest five-year change in median values- a magnificent 2...